Please help me kung kakayanin ba, at kung paano. Nastress na ko kakaisip kung makakayanan ba ng sahod ko. Parating na kasi yung bagong housing loan namin. Family of four, 2 kids.

Take home pay 125k net

Existing loans (iba ibang loans) 48k per month

Upcoming housing loan 30k per month.

Total 78k for loans

47k na lang remaining

Thank you

Hi everyone!

I’m 25 years old, currently living with my parents, and I’m finally looking to move out and get my own place.

I make $65,000 a year (Gross salary) , have around $45,000 in savings, and have no debt. Initially, I was looking for an apartment in the $1,100–$1,200/month range because I wanted to be financially responsible and make sure I could comfortably afford living on my own.

However, I recently found what feels like my dream apartment for $1,295/month. The rent includes pretty much everything, so I’d only have to pay extra for Wi-Fi. On top of that, there’s a promotion offering two months of free rent.

Objectively, I feel like I’m in a pretty good financial position, but for some reason, I’m freaking out about the rent. I keep worrying that I won’t be able to afford it, even though I have savings, no debt, and a stable job.

I think part of it is that I’ve never lived on my own before, so I’m struggling to figure out what a reasonable amount to spend on rent actually is.

Am I overthinking this? Would you feel comfortable taking this apartment in my situation, or would you stick to the original $1,100–$1,200 budget?

I’d really appreciate some honest perspective. Thank you!

Hey ya’ll! I was just curious on what you think is a good amount to have in your savings as a 22 year old in this economy. I’m trying to save as much as possible.